Crime Sen. Kelly Loeffler Sold Millions in Stock After Coronavirus Briefing

Discussion in 'The War Room' started by dissectingaorticaneurysm, Mar 19, 2020.

  1. dissectingaorticaneurysm

    dissectingaorticaneurysm Red Belt

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    She has been unloading millions of dollars in stocks following a private all-senator meeting with administration officials and heads of the CDC and NIH. On that very day, she tweeted this:


    And has continued downplaying the threat while quietly reducing her exposure to the inevitable market disaster waiting to happen.



    She's also the wealthiest person in Congress, and her husband is the head of the NY Stock Exchange.



    This is the second senator from that meeting facing these accusations.
    Senate Intelligence Committee Chairman Richard Burr, R-N.C., may have cashed in before the stock market was in free fall due to the coronavirus outbreak, according to a new report.

    ProPublica alleged on Thursday that Burr "sold off a significant percentage of his stocks, unloading between $582,029 and $1.56 million of his holdings on Feb. 13 in 29 separate transactions" in filings listed in the U.S. Senate Financial Disclosures website as he was regularly being briefed on the rising threat of the virus.


     
  2. bobgeese

    bobgeese Gold Belt

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    She definitely should have left it in, and lost everything, just to appease jealous leftists.
     
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  3. IloveTHIS

    IloveTHIS Humble Narcissist

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    well....thats certainly pretty damn concerning
     
  4. K1levelgrappler

    K1levelgrappler Double Yellow Card Double Yellow Card

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    Grifting is like breathing for Republicans. It's their defining characteristic.
     
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  5. PHATV

    PHATV FREE @RR!!! Platinum Member

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  6. ineverpost

    ineverpost Black Belt

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    Many Trumpers still can't see that they got played. The US chose to use the herd immunity response that UK was considering. This past the point of no return pseudo action is to make you think that they did everything they could. They knew what was coming long before this happened. You will see that even some local GOP governors aren't even locking things down because they're on board with the herd method. All psychopaths showing their colors right now, better pay attention.
     
  7. dissectingaorticaneurysm

    dissectingaorticaneurysm Red Belt

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    So your immediate reaction is to defend insider trading violations to trigger the libs? They are getting bipartisan condemnation, even your boy Tuck is calling for their resignation.

    This is where you tap out and accept you've become nothing more than an immoral partisan shill.
     
  8. mrsenor

    mrsenor Black Belt

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    lazy eye no thanks
     
  9. DivineMind

    DivineMind Green Belt

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    Someone worth $500 M selling $3 M in stocks is nothing.

    But it's a big problem that Congress is effectively allowed to participate in insider trading. It's one of the mechanisms for companies to buy off legislators - mega corporations probably give them stock tips in exchange for favorable legislative action. This needs to be shut down.
     
    Last edited: Mar 20, 2020
  10. MicroBrew

    MicroBrew Steel Belt

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    Martha Stewart got prison time for charges pending from her insider trading accusation.

    You know you don't need to knee-jerk defend someone just because they are Republican.
     
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  11. TheLastSpartan

    TheLastSpartan Green Belt

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    Lol your partisanry knows no bounds. Insider trading isn't exclusive to a political party. Its alright to condemn it my friend.
     
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  12. Merlotte's

    Merlotte's Silver Belt

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    Dwight agrees

    [​IMG]
     
  13. Cajun

    Cajun A Cajun Traveler: Something of a Novelty... Platinum Member

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    That's illegal tho....
     
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  14. Mr Holmes

    Mr Holmes 67 61 73 73 69 75 73 20 63 6c 61 79

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    Where do you guys come up with this stuff?
     
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  15. jk7707

    jk7707 Red Belt

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    You're not even trying anymore...
     
  16. bobgeese

    bobgeese Gold Belt

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    Dat quarantine postin...


    <DCrying>
     
  17. 44nutman

    44nutman The Original Nut of Sherdog

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    As usual you missed the point.
    Don’t say everything is fine then unload your stock. Either shit ain’t fine and you sell your stock or shit is fine and you keep your stock.
    What happened is being a lying hypocrite at The least or insider trading at the worst.
     
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  18. dissectingaorticaneurysm

    dissectingaorticaneurysm Red Belt

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    Not only that, but Loeffler then used proceeds from her sales to buy STOCKS IN A TELEWORKING COMPANY to profit from the impending quarantines. All this just 18 days after being sworn in to replace Johnny Isakson, who had to retire from the Senate due to health issues. Incredible.
     
    TheWorm, Essie, HARRISON_3 and 15 others like this.
  19. KONG-D'SNT-TAP

    KONG-D'SNT-TAP Titanium Belt

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    I love how people still defend this activity. Defend bankers and the criminal enterprises they operate.

    HSBC, Wells Fargo, Lehman, the list is endless. And you’ll still find rubes defending these mafia types.
     
  20. Holic

    Holic I wrote a book!

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    You guys should probably work this contradiction out amongst yourselves.
     
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